Actuarial Analyst, Pricing Analytics

Company Description

Welcome to This Australian Life.

From the millions of Australians we protect, to those that make it happen every day at TAL, people really are what we're all about. We want to grow with you. Achieve with you. And support you to do your best work. That's why we're focused on developing leadership, promoting diversity, rewarding excellence and retaining great talent.

We're always looking for people who want to go further with us. People who do what's right, aim high, and work smart. Why not see where we can go?

**Job Description**:
In this role you will be part of the Pricing and Value Management team, which sits within the broader Commercial Management area within Individual Life. You will play an important part in the development of TAL's pricing experience insight capability by working with a vast array of data and models to deliver insights into portfolio pricing.

This is a permanent role, working flexibly from our Sydney office.

This position has responsibility for building and executing experience and pricing insights to:

- Understand TAL's historic experience and its drivers;
- Identify opportunities for risk-management and pricing solutions;
- Assist with evidenced, robust pricing decisions to support the business strategy and implementation of initiatives.
- Support the commercial outcomes from reinsurance reviews and other strategic projects

In this role you will:

- Support the pricing of new and existing products and propositions across TAL's Individual Risk portfolio by developing new data and analytical capability using various tools and implementation methods (e.g. SQL, Power BI, R)
- Develop and execute pricing experience analysis for TAL's Individual Life insurance portfolio on a regular basis and assist with the development of pricing assumption bases to inform pricing decisions
- Maintain, develop, and enhance pricing databases, models, experience analysis calculations and processes
- Promote continuous improvement in data collection to improve monitoring and insight
- Support the provision of data and insights for TALs reinsurance partners
- Build and conduct ad-hoc investigations to support enhancements to existing products and development of new products
- Source key claims, policy, and underwriting data to assist with ad-hoc investigations by the wider Pricing and Value Management team and Underwriting Risk & Strategy team
- Collaborate with TAL's Finance department to ensure consistency of vision and knowledge around experience drivers

**Qualifications**:
To be successful in this role you have:

- A tertiary qualification in data science, actuarial, statistics, mathematics or equivalent
- Proficiency in SQL, Power BI (or equivalent)
- Demonstrate a strong understanding of the principles and theory of experience analysis, particularly for life insurance income protection business
- Strong desire for ongoing modelling improvement and efficiency
- Ability to think creatively and innovatively to deal with technical challenges
- Confidence and mastery of life insurance actuarial mathematics is desired

You're always accountable for your actions. You never give up. You strive to find the best outcomes for customers and partners. And you value working together to find the best solutions for problems.

Additional Information

Work is a big part of this Australian life, and we work hard to make it one of the best parts. We don't just say it; we do it. We offer a workplace that's inclusive and flexible, supporting our people with options that let them make the most of their careers.

We know the value of having different people from all walks of life, with varied points of view and attributes regardless of their age, ethnicity, religion, sexual orientation, gender identity, intersex status or any disabilities they might be living with. We strive for a diverse and inclusive workplace where a sense of belonging encourages people to bring their full selves to work.

LI-Hybrid

Everyone at TAL has a responsibility to do the right thing and is accountable for the way they conduct themselves. Our expectations are that you follow the principles set out in our Code of Conduct when you come to work every day. Risk management is everyone's responsibility.